The difference between Communism and Socialism

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1 The difference between Communism and Socialism Communism can be described as a social organizational system where the community owns the property and each individual contributes and receives wealth according to their needs and ability. Socialism is an economic theory where the means of production, distribution, and exchange are owned and controlled by the society as a whole. Wealth distribution in socialism is done according to a person s efforts and contribution. In reality, communism is a subsection of socialism. Socialism was the ideology of Robert Owen. (1771 to 1858) Robert Owen was a businessman and social activist who sought to bring in new utopian ideals for business and local communities. His textile factory in Scotland was an influential experiment in improving the conditions of factory workers. Owen was an early socialist, co-operative and utopian thinker and is often termed the father of British socialism. He was not just interested in running a successful business. He was also keen to improve the working conditions and life of the workers. Workers received little, if any, education and had few prospects. Owen was a great believer that man was shaped by his environment and surroundings. Therefore, he felt it his duty as a manager to offer education and respectable surroundings for his extended family. He increasingly began to feel that the solution was the creation of independent utopian communities of between 500 to 3,000 people who would work co-operatively for the common good. In these utopian communities, there would be no private property, just a community based on sharing the common good with equal wages. In 1825, he sought to implement his vision of a utopian community in America, called New Harmony. He sank much of his capital into this experiment, but unfortunately it was not a lasting success. His socialism was a different brand to the later socialist movements which emphasized relying on the working classes to agitate for better conditions. However, he still raised in the public consciousness the ideal of communities working together and ending inequality based on ownership of property. Extracted and edited from:

2 Communism began with ideas of Karl Marx and Friedrich Engels The Communist Manifesto Marx: , Engels: Marx maintained that progress would best be founded on a proper understanding of industry, the origins of wealth, and a realistic view of social conflict. Struggle between economic classes, with the possibility of revolution, is the inevitable fate of European society. Marx argued that the working-class has become the ideal vehicle for social revolution. Workers in a capitalistic economic system become trapped in a vicious circle: the harder they work, the more resources in the natural world are appropriated for production, which leaves fewer resources for the workers to live on, so that they have to pay for their own livelihood out of their wages, to earn which they must work even harder. There is no escape for the "wage slave." In the modern, industrial world, the most significant classes are the bourgeoisie, people who own land, resources, factories, and other means of production, and the proletariat, people who work for wages. In its efforts to succeed, the bourgeoisie must constantly revise and renew the means of production, ensuring a constant infusion of capital by building larger cities, promoting new products, and securing cheaper commodities. As capital increases and the means of production expand, the labor of the proletariat becomes ever less valuable. The workers have little political influence. Even small shopkeepers and skilled laborers are encouraged to join with the bourgeoisie instead of expressing their natural alliance with wage workers. Marx and Engels noted, the proletariat constitutes a majority of the population, and the prospect of its organization for effective political action is what raised the threat of Communism in industrial Europe. Part II of the Manifesto declares the intention of communism to overthrow the bourgeoisie and to situate all political power in the proletariat instead. Child labor would be ended, and universal education would guarantee that future generations have greater control of their own destiny. Women would be empowered in their own right as workers, instead of being dominated by male bourgeois. Progressive taxation would provide for a re-distribution of capital, and the struggle between classes would be ended. The Manifesto wants to position the Communist Party favorably in relation to other social and political movements of the nineteenth century. Its conclusion is a stirring call for political action by the great, sleeping giant of the proletariat. Extracted and edited from:

3 Basis for Comparison COMMUNISM SOCIALISM Meaning A social organization system that focuses on communal ownership and eliminating class distinctions A theory of social organization where there is public or cooperative ownership of the means of production Ideology Political and Economic Economic Proposed by Karl Marx and Robert Owen Main Idea Basis of Wealth Distribution Means of Production Management of Resources Ownership of personal property Capitalism Friedrich Engels To achieve equality among members of society and promoting a classless society According to the needs Equally owned by the members of the state Relies on a few people belonging to a particular authoritarian party No To achieve equality and fairness among the society members According to the efforts or contribution Owned by the citizens Done by the people Yes It removes capitalism Can exist in socialism

4 Key Differences between Communism and Socialism 1. Communism is defined as the system of social organization where the focus is made on communal ownership and a classless society. Socialism refers to the social organization in which there is public or cooperative ownership of the means of production. 2. Communism is both political as well as economic theory while socialism is an economic theory. 3. Karl Marx and Friedrich Engels, the German Philosophers, propounded the concept of communism whereas Robert Owen propounded Socialism. 4. The theme of communism is to achieve equality among members of society and advocates a society free from class. On the other hand, achieving equality and fairness among the society members is the main idea of socialism. 5. In communism, the wealth is distributed among the people according to their needs. Conversely, in socialism, the distribution of wealth is based on the contribution made by them. 6. The members of the state collectively own the means of production in communism. As opposed to socialism where the means of production are owned by the citizens. 7. In communism, the management of resources lies in the hands of few people belonging to a particular authoritarian party. In the case of socialism, the management of resources is done by the people. 8. Communism does not allow people to own personal property, but this is not so in the case of socialism. 9. Communism tries to remove capitalism, whereas, in socialism, somehow capitalism exists. Conclusion: Both the ideologies promote secularism (i.e. Rejects religion). Communism has lost its existence with the passage of time. The only reason for the non-existence of communism in most of the countries is that it removes the incentives that inspire people to work harder. The man who works hard will receive the same amount of money as an idle man gets. However, Socialism still exists in many countries.

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